JASMY BREAKOUT INCOMING?🚨 | JASMYCOIN PRICE PREDICTION & NEWS 2024!
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Alert: I'm Just Saying, I don't Recommend Investing, I'm just doing Reviews, I've never said they're legit, I've Never said They're Scam, I talk about the Info that I have and feel free to invest or to not invest, it's your choice, you guys have the whole choose.. (not financial advice)
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#bitcoin #money #crypto #milady #ladys
Greetings, crypto enthusiasts! Today, we delve into the fascinating universe of Jasmycoin to analyze its recent performance in the market. Despite initial expectations of a bullish move, the current landscape reveals a notable absence of a significant bullish breakout. Although there was a sudden increase in momentum, unfortunately, this did not translate into a corresponding technical breakout. As a direct consequence of this phenomenon, there was a loss of open positions totaling approximately $10 million.
It is crucial to highlight the importance of surpassing the technical and psychological level of 2.5 cents within the next 24 hours to maintain bullish momentum. This level has been established as a key point in technical analysis and, in turn, represents a psychological milestone for investors. Despite the current situation, where the market structure shows a bullish bias, the possibility of a bullish breakout is still considered more likely. However, it is important to note that this perspective is heavily influenced by the behavior of open interest.
In this context, investors are strongly advised to exercise caution and wait for confirmation of a breakout before making significant moves in their trading operations. Constant monitoring of market signals and careful evaluation of potential risks are essential practices in times like these. Let's keep our eyes wide open and continue exploring the possibilities offered by the exciting world of cryptocurrencies.